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R&D for Cookery School

R&D for Cookery School

Morning, 

Can anyone advise or point me in the right direction as to wether there would be any R&D relief on setting up a cookery school.  

Thanks in advance

 

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By tom123
02nd Jul 2018 11:33

What is new about cooking?

That would be my first question.

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02nd Jul 2018 11:37

I'd have a look at the HMRC website. I don't know how the rules have changed over the years but I'd be surprised if a cookery school could get R&D relief.

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By Pygmy
02nd Jul 2018 11:58

The OP needs to cross the line from cookery to Food Science - sugar and processed carbohydrate free biscuits for anyone?

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02nd Jul 2018 12:05

This is a question that needs a little fact hunt in it.

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02nd Jul 2018 13:53

Here https://www.gov.uk/guidance/corporation-tax-research-and-development-rd-... is a good place to start.

Ignore the others - it does not need to be a development in cooking to qualify for R&D tax reliefs. (Although if you are (/your client is) planning to teach cooking with phasers or similar, that would probably do it... and I'd like to come to those classes!)

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to Tax Dragon
02nd Jul 2018 15:53

Tax Dragon wrote:

Ignore the others

Why? What has been said that wasn't relevant?

The OP's query was "R&D relief on setting up a cookery school". My response was "I'd have a look at the HMRC website. I don't know how the rules have changed over the years but I'd be surprised if a cookery school could get R&D relief." Why should the OP ignore that?

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to Accountant A
02nd Jul 2018 16:41

Sigh.

Yeah the OP should look at the website. The link I gave would be a good place to start.

Yet again I have caused (you) unintended offence. Yet again I apologise.

R&D for a finishing school?

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By DJKL
02nd Jul 2018 15:55

The catch will be providing proof your client meets the criteria for any claim, and ensuring it is not half baked. Whilst there is a temptation to coddle your client you really need them to crack on themselves, sift through the criteria and knead the claim into shape; the key is can they rise to what is required to present something that will not leave HMRC simmering.

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to DJKL
02nd Jul 2018 17:26

There may be some dough to get back, but first they knead to prove it...

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to gilderda
02nd Jul 2018 17:37

I'd dreaded the baking pun-off, but that's good. Leavens my mood.

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02nd Jul 2018 16:11

Will you all be wearing white coats?

R&D claims can only be made if the staff doing it wear white coats. This is a long standing concept in R&D.

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02nd Jul 2018 16:21

The basic criteria is that the R&D overcomes some technical or scientific uncertainty that would would not be easily discernible by an expert in the field.

Your first question should be, are they doing that? If the answer is "no", then stop there.

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By tom123
to SteLacca
02nd Jul 2018 16:36

As ever, SteLacca manages to state the question that was in my head in a better way.

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02nd Jul 2018 17:08

Who is "setting up" the "cookery school"? A company? Or an unincorporated entity?

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to Portia Nina Levin
02nd Jul 2018 17:33

That is indeed the real first question. But if the OP were to follow the link I provided....

There is a fairly standard Aweb response to questions such as "where can I look for information about....?" which approximates to "oh, I don't think that's relevant to you". That attitude seems to me to underlay much of what has been said above [although there are far worse examples than here, of course].

Sometimes, yes, that response is appropriate; but less frequently than we see it, IMHO.

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to Tax Dragon
02nd Jul 2018 18:07

When an OP provides absolutely sweet FA on the information front, I'm a little unclear why people put any fuching effort in at all.

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to Portia Nina Levin
02nd Jul 2018 18:53

And there I was worried you'd been neutered, Jack Nicholson style. It's good to see you again.

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